October 2022

REINZ Residential Rent Review

October 2022

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1 Bedroom

SUBURB 2021 2022 Variance %
Orewa (Silverdale to Wellsford) $373 $395 6%
Browns Bay / Torbay / Albany $358 $442 23%
East Coast Bays $441 $452 3%
Glenfield (Sunnynook, Northcote & Birkdale) $387 $387 0%
Birkenhead (Northcote Point) $386 $419 8%
Takapuna/ Milford $484 $512 6%
Devonport $430 $466 8%
West AKL (Glendene, Glen Eden & Massey) $370 $370 0%
Te Atatu (Westgate & West Harbour) $462 $416 -10%
Waterview (Avondale & Titirangi) $362 $381 5%
City Centre (Parnell, Grafton & Newton) $396 $387 -2%
Ponsonby (St Marys & Herne Bay) $521 $496 -5%
Grey Lynn / Westmere $506 $476 -6%
Mt Albert/ Pt Chev $379 $394 4%
Sandringham (Three Kings & Hillsborough) $418 $421 1%
Mt Roskill (Owairaka & Lynfield) $363 $353 -3%
Mt Eden (Kingsland & Balmoral) $429 $420 -2%
Epsom (Newmarket & Royal Oak) $437 $421 -4%
One Tree Hill / Ellerslie $393 $426 8%
City Bays (Mission Bay to St Heliers) $462 $456 -1%
Remuera $434 $420 -3%
Meadowbank (Remuera South & Glendowie) $386 $409 6%
Glen Innes / Panmure / Mt Wellington $366 $403 10%
Howick (Bucklands Beach & Botany) $364 $400 10%
Pakuranga $411 $376 -9%
Mangere / Otahuhu / Otara $368 $346 -6%
Papatoetoe $357 $393 10%
Manukau / Manurewa $397 $389 -2%
Papakura $305 $378 24%
Pukekohe (Tuakau & Waiuku) $371 $394 6%

 

 2 Bedroom

SUBURB 2021 2022 Variance %
Orewa (Silverdale to Wellsford) $513 $516 1%
Browns Bay / Torbay / Albany $512 $529 3%
East Coast Bays $571 $567 -1%
Glenfield (Sunnynook, Northcote & Birkdale) $533 $536 1%
Birkenhead (Northcote Point) $504 $558 11%
Takapuna/ Milford $586 $594 1%
Devonport $582 $590 1%
West AKL (Glendene, Glen Eden & Massey) $485 $498 3%
Te Atatu (Westgate & West Harbour) $523 $547 5%
Waterview (Avondale & Titirangi) $523 $517 -1%
City Centre (Parnell, Grafton & Newton) $500 $511 2%
Ponsonby (St Marys & Herne Bay) $738 $707 -4%
Grey Lynn / Westmere $690 $705 2%
Mt Albert/ Pt Chev $545 $543 0%
Sandringham (Three Kings & Hillsborough) $519 $527 2%
Mt Roskill (Owairaka & Lynfield) $508 $515 1%
Mt Eden (Kingsland & Balmoral) $584 $567 -3%
Epsom (Newmarket & Royal Oak) $570 $570 0%
One Tree Hill / Ellerslie $535 $545 2%
City Bays (Mission Bay to St Heliers) $631 $611 -3%
Remuera $581 $621 7%
Meadowbank (Remuera South & Glendowie) $549 $549 0%
Glen Innes / Panmure / Mt Wellington $508 $520 2%
Howick (Bucklands Beach & Botany) $521 $544 5%
Pakuranga $503 $522 4%
Mangere / Otahuhu / Otara $490 $489 0%
Papatoetoe $497 $514 3%
Manukau / Manurewa $508 $505 0%
Papakura $488 $500 2%
Pukekohe (Tuakau & Waiuku) $457 $460 1%

 

3 Bedroom 

SUBURB 2021 2022 Variance %
Orewa (Silverdale to Wellsford) $614 $639 4%
Browns Bay / Torbay / Albany $651 $663 2%
East Coast Bays $725 $710 -2%
Glenfield (Sunnynook, Northcote & Birkdale) $621 $641 3%
Birkenhead (Northcote Point) $665 $694 4%
Takapuna/ Milford $806 $748 -7%
Devonport $795 $775 -2%
West AKL (Glendene, Glen Eden & Massey) $578 $597 3%
Te Atatu (Westgate & West Harbour) $611 $639 4%
Waterview (Avondale & Titirangi) $623 $638 2%
City Centre (Parnell, Grafton & Newton) $783 $772 -1%
Ponsonby (St Marys & Herne Bay) $1,018 $965 -5%
Grey Lynn / Westmere $848 $894 5%
Mt Albert/ Pt Chev $728 $728 0%
Sandringham (Three Kings & Hillsborough) $643 $671 4%
Mt Roskill (Owairaka & Lynfield) $622 $641 3%
Mt Eden (Kingsland & Balmoral) $735 $748 2%
Epsom (Newmarket & Royal Oak) $743 $736 -1%
One Tree Hill / Ellerslie $678 $689 1%
City Bays (Mission Bay to St Heliers) $811 $814 0%
Remuera $782 $833 7%
Meadowbank (Remuera South & Glendowie) $774 $783 1%
Glen Innes / Panmure / Mt Wellington $644 $645 0%
Howick (Bucklands Beach & Botany) $646 $673 4%
Pakuranga $612 $645 5%
Mangere / Otahuhu / Otara $599 $626 4%
Papatoetoe $633 $641 1%
Manukau / Manurewa $600 $628 5%
Papakura $603 $615 2%
Pukekohe (Tuakau & Waiuku) $542 $580 7%

 

4 Bedroom

SUBURB 2021 2022 Variance %
Orewa (Silverdale to Wellsford) $746 $775 4%
Browns Bay / Torbay / Albany $794 $823 4%
East Coast Bays $849 $832 -2%
Glenfield (Sunnynook, Northcote & Birkdale) $758 $757 0%
Birkenhead (Northcote Point) $747 $870 17%
Takapuna/ Milford $863 $926 7%
Devonport $984 $923 -6%
West AKL (Glendene, Glen Eden & Massey) $692 $715 3%
Te Atatu (Westgate & West Harbour) $730 $782 7%
Waterview (Avondale & Titirangi) $747 $739 -1%
City Centre (Parnell, Grafton & Newton) $792 $912 15%
Ponsonby (St Marys & Herne Bay) $1,230 $1,442 17%
Grey Lynn / Westmere $1,045 $1,093 5%
Mt Albert/ Pt Chev $757 $842 11%
Sandringham (Three Kings & Hillsborough) $793 $843 6%
Mt Roskill (Owairaka & Lynfield) $781 $796 2%
Mt Eden (Kingsland & Balmoral) $960 $974 1%
Epsom (Newmarket & Royal Oak) $1,001 $1,009 1%
One Tree Hill / Ellerslie $850 $874 3%
City Bays (Mission Bay to St Heliers) $1,181 $1,211 3%
Remuera $1,096 $1,107 1%
Meadowbank (Remuera South & Glendowie) $989 $936 -5%
Glen Innes / Panmure / Mt Wellington $795 $778 -2%
Howick (Bucklands Beach & Botany) $757 $792 5%
Pakuranga $727 $752 3%
Mangere / Otahuhu / Otara $672 $741 10%
Papatoetoe $723 $726 0%
Manukau / Manurewa $681 $727 7%
Papakura $691 $706 2%
Pukekohe (Tuakau & Waiuku) $628 $666 6%

 

NOTE: The way MBIE is reporting rental data changed. The most recent month’s data was incomplete due to the time taken between a bond being lodged (23 working days to lodge a bond with Tenancy Services) and the details being recorded. Using this incomplete information could result in incorrect conclusions being made about changes in the rental market. Going forward, the report will be two months in arrears, as per the data provided by MBIE.

 

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